Tag: China

USA Now Holds Over 1/3 Of Bitcoin’s Total Hashrate

New data from the University of Cambridge shows that the US is now the leading country in Bitcoin mining.  And the winner of China’s mining...

BitMEX CEO Predicts “The Next Countries To Follow In El Salvador’s...

BitMEX CEO Alexander Höptner predicts that at least four more developing countries will adopt Bitcoin as legal tender in 2022. “El Salvador deserves praise, not...

“A Perversion Of Cryptocurrency” – Edward Snowden On CBDCs

Edward Snowden has released a blog article, warning that “Central Banks Digital Currencies will ransom our future”. https://twitter.com/Snowden/status/1446890704622571525 Snowden calls CBDCs “cryptofascist currencies” In a recently released...

Bank Of France Paper Debunks Modern Monetary Theory

The Bank of France has released a working paper, calling out Modern Monetary Theory as dogmatic and not grounded in economic reality. https://twitter.com/T_W_Kaiser/status/1443569855181905925 What is Modern...

China’s Crypo Crackdown Puts Emphasis On Decentralized Exchanges

Will decentralized exchanges prove themselves worthy of providing trading services under a governmental crypto ban? https://twitter.com/RonMart98722173/status/1442267220243988480 DEX tokens with tremendous gains The governance tokens of decentralized exchanges...

What Does Greater Regulation Mean For Cryptocurrency Markets?

The second quarter of 2021 was dominated by headlines related to cryptocurrency regulation, a development that eventually led to a temporary peak in Bitcoin...

Chinese Banks Crack Down On Cryptocurrency Users

The Agricultural Bank of China (AgBank) has announced that it will follow the central bank's guidelines to cease service to cryptocurrency users. China set to...

China Conducts Pilot Test For Blockchain-based CBDC Payment System

The People's Bank of China reports that they have successfully carried out the first salary payments using a blockchain-based version of the Digital Yuan. https://twitter.com/DeFiTeller/status/1404422989786062855 China...

New York Senators To Stop Fossil-backed Mining

The New York State Senate is currently discussing a bill to put a three-year moratorium on cryptocurrency mining for fossil-based projects. https://twitter.com/NYSenate/status/1402380665467854854?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1402380665467854854%7Ctwgr%5E%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fproposed-new-york-mining-ban-watered-down-to-allow-green-projects New York likely to...

Staking Service Provider Blockdaemon Secures 28 Million USD From Goldman Sachs...

The blockchain infrastructure firm Blockdaemon has concluded a Series A funding round, attracting a total of 28 million USD in capital. https://twitter.com/_blockdaemon/status/1402270491767980039 Blockdaemon to expand Operations...
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